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Top academics warn UK physics cuts threaten effort to boost economy
More than 50 heads of departments tell science minister that changes risk undermining crucial tech growth fields
People are complacent about risk of financial crisis, says Lloyd Blankfein
Former Goldman CEO says finance industry should plan as though another 2008-style meltdown is coming
Who will back rate cuts on the FOMC?
If Kevin Warsh is dovish, here’s who will support him — and who will resist
Retail investors shun private credit funds after Blue Owl gating
Fears mount that outflows may soon overwhelm inflows to some of largest players
FirstFT: Oil prices set to jump as Iran conflict intensifies
Also in today’s newsletter: Japanese retailers wrestle with Chinese tourist boycott and inside Amazon’s mass lay-offs
China’s National People’s Congress set for high-tech and low growth
Plus, British chancellor Rachel Reeves likely to play it safe in her Spring Statement
Inside Tehran: an eerie quiet is punctuated by explosions and people fleeing
A dispatch from the Iranian capital, where the prevailing mood is one of fear and shock
China solar boom helps energy emissions fall slightly in 2025
Official statistics show 0.3% decline even as total power demand rises
Military briefing: Iran’s new retaliation strategy
Islamic republic launches constant barrages at Israel while targeting civilian sites around the Gulf
Mastercard hires Whitehall veteran to bolster push for key UK contract
Sir Jon Thompson to chair UK subsidiary Vocalink as it prepares to compete to build a new payments platform
After Khamenei, who rules Iran?
Under fire from US and Israeli jets, the Islamic republic’s leaders turn to succession
How will strikes on Iran affect global energy flows?
Tehran has previously threatened to close the Strait of Hormuz shipping chokepoint
Trump’s epic gamble in the Middle East
The US president’s goal of regime change augurs immense regional chaos
Strike on Iranian primary school kills 148, authorities say
Girls’ education facility hit as US and Israel launch joint military operation
The cost of UK higher education doesn’t add up
Complexity has been introduced by politicians and as a result there are five different repayment plans
Eight former UK energy ministers call for U-turn on oil and gas
Cross-party group says current policy is worsening power security while doing little to cut global emissions
Italy sets up fight with Brussels over carbon costs
Rome wants to lower electricity prices by reimbursing gas plants for the price of buying EU emissions permits
Japanese retailers wrestle with Chinese tourist boycott
Department stores among those hit by double-digit drop in duty-free sales in recent months
South Korea prepares to open door to foreign workers to cope with …
Companies have become increasingly reliant on overseas labour as native population shrinks
What a chocolate company can tell us about OpenAI’s risk
For the closest American analogue to its unusual charitable structure, you need to look at Hershey
Tony Blair Institute trained Gaza technocrats for Trump’s Board of Peace
Work with Palestinian committee comes as former prime minister takes on senior role in US president’s peace plan
The former African minister in ICE detention
Federal agency says Ghana’s Kenneth Ofori-Atta overstayed his visa but lawyers accuse US of aiding ‘political’ extradition request
Lower rates or higher thresholds — how Starmer can make student loans …
The central question for the UK prime minister and his chancellor is who benefits from the different policy options
Military briefing: The US-Israeli strikes and Iran’s retaliation
American military assets in the region and Gulf oil supplies are vulnerable to attack and Israel is a renewed target
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